Payrolls in US construction industry rise by most since May 2022
US construction firms boosted payrolls last month by the most since May 2022, helping the overall labor market nail down...
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Cass Commercial Bank launches equipment finance division
St. Louis-based Cass Commercial Bank has entered the equipment finance market as a middle- and large-ticket lender. Cass Equipment Finance,...
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Discounting equipment finance transactions can be a disclosure issue
As states enact tougher disclosure requirements, equipment discounters who serve as financiers face more disclosures than their broker counterparts. State...
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Canada’s Pride Group files for bankruptcy
Canadian transportation and logistics firm Pride Group and its affiliates have filed for Chapter 15 bankruptcy in the United States...
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Mitsubishi HC Capital America moves to AI for predictive pricing, marketing
Mitsubishi HC Capital America has integrated its first artificial intelligence predictive pricing model for sales, with plans to expand its...
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Equipment discounters balance risk in tight lending environment
Equipment discounters, which operate as both broker and lender, are aiming to develop lender and vendor partnerships amid a riskier...
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Trucking lenders eagerly await Fed interest rate cuts
The trucking industry is in dire need of an interest rate cut, a subject frequently discussed on the show floor...
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Lenders push equipment finance agreements over leases to avoid fees
Lenders should use equipment finance agreements instead of traditional leases to skirt regulations and avoid fees. So said members of...
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